Sep 13, 2022
Although a very difficult subject to face, these topics are important to plan around. In this first podcast of the series, we discuss what happens when you inherit money. We talk about the emotional decisions that must be made, the tax consequences, and how we believe inheritances should be handled.
Jun 25, 2021
In this episode, we are taking on the hot topic of Options Trading. We’ve had a few pilots come to us with questions about Option Trading after hearing about them on trips. We are here to address these questions and give our thoughts!
May 13, 2021
This week we have been thinking a lot about behavioral finance. We all have behavioral biases, which are defined as irrational beliefs or behaviors that influence our decision-making process. As investors, its important that we understand what these behavioral biases tend to be and how to recognize them. Most importantly, we need to know what we can do as investors to avoid allowing them to drive our decision making. We are calling this post the “Highway to the Financial Danger Zone”.
Apr 27, 2021
The Pilot Money Guys attempt to shed some light on how to think about investing in Cryptocurrencies. What the heck is Cryptocurrency? Should you consider investing in Bitcoin or Dogecoin and what to expect if you take the plunge and invest. Hint: Don’t invest any monies you can’t afford to lose!
Apr 21, 2021
Today we are covering bubbles and indexes, which almost sounds exciting! We discuss what investment bubbles are, are we in a bubble? How would it affect us as investors, why being an envious investor causes one to continuously buy high and sell low, thus underperforming the actual investment we’re invested in. Finally, we discuss how diversification can help but is the least “sexy”, the most boring ways of investing thus the title “diversification sucks.”
Apr 1, 2021
In this episode, we dive into the intricacies of 401ks, HSAs and more. We cover the differences between Roth vs non-Roth 401(k) and what might be right for you. We cover the Health Savings Account and the top things to consider when creating your investment gameplan.
Mar 8, 2021
Pilot Money Guys: The Dollar Ride In this inaugural episode, our financial planner pilots talk about the American Airlines and JetBlue agreement and why all financial planners are not the same. If you are looking to hire a financial advisor and want to know the differences between the various types, this episode is for you.